The interest of investors in Reddit stocks has been high for a while now.
Since the first quarter of 2021, they’ve become a topic of discussion among investors. There are so many reasons for that, here are a few:
- These stocks have a high fluctuation rate – therefore with a proper understanding – that fluctuation can benefit traders’ portfolios.
- The trading volume of these penny stocks is continuously increasing, indicating the growing interests of investors. This motivates other investors to invest in these stocks, resulting in increased trading volume.
Are you new to the stock market? By the end of this post, you will become more educated about which Reddit penny stocks can help your bank balance grow. Keep on reading to discover the top Reddit penny stocks to watch in 2021.
Net Savings Link, Inc. (OTCPK: NSAV)
Net Savings Link, Inc. is a tech company with headquarters in Mayfair, London and the United Kingdom. It provides technology solutions to digital asset organisations blockchain and cryptocurrency.
On July 19, this company made an announcement saying they are going to enter the crypto market of the US by launching a crypto exchange. After the launch, the company will become the second-largest publicly traded Cryptocurrency Exchange in the US.
Only within the few hours of this announcement, this Reddit penny stock price experienced a multi-day breakout of over $0.334. Moreover, the company also plans to offer a wide range of services, in the near future, like financial services, advisory services, information technology, and software solutions.
Therefore, the price of this penny stock has an immense chance to boost in the upcoming months. Thus, adding them to the watchlist is an ideal move.
Atossa Therapeutics, Inc. (NASDAQ: ATOS)
Atossa Therapeutics, Inc. is a biopharmaceutical company that is in the business of discovering proprietary delivery methods and therapeutics for breast cancer and other such health conditions.
On June 9, this company released the results of a “phase-2 clinical trial” with ER-positive breast cancer patients. The results showed that the company’s oral endoxifen drug has proven effective in controlling breast cancer progress in patients. Before this report went viral, the price of this penny stock was around $4. And after the news, it went straight to approximately $10.
Moreover, in July, the company also received regulatory approval for opening a new clinical study of AT-H201 in Australia. AT-H201 is an inhalation therapy for severely ill or hospitalised corona-positive patients.
The therapy isn’t officially released yet; therefore, the chances of this penny stock rising in the future is high. It’s definitely worth considering adding to your watchlist.
More Reddit Penny Stocks To Watch In 2021
Other than the stocks given above, the following are the list of a few more Reddit penny stocks that are worth watching this year:
- Creative Medical Technology Holdings, Inc. (OTCPK: CELZ)
- Life Clips, Inc. (OTCPK: LCLP)
- Verb Technology Company, Inc. (NASDAQ: VERB)
- Meta Materials Inc. (NASDAQ: MMAT)
As per experts, all of the above Reddit penny stocks have a chance to gain great results in future. However, it is necessary to do your own research and then make your decision.
Final Words
2021 is predicted to be good for penny stocks. Moreover, watching these Reddit stocks would assist you to choose the right investment move at the right time.
Also, do tell us your experience related to Reddit stock investments, in the comment section below. Who knows, your story might inspire others.
